foreigners stock ownership sinks to 16month low in korea
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Foreigners' stock ownership sinks to 16-month low in Korea

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Arab Today, arab today Foreigners' stock ownership sinks to 16-month low in Korea

Korea Stock Exchange
Seoul - Yonhap

Stock ownership by foreign investors in South Korea's bourses fell to the lowest level in 16 months as they continued to dump local heavyweight shares amid a drop in oil prices and Russian turmoil, data showed Thursday.
Offshore investors held a combined 31.7 percent of local shares on the main KOSPI and secondary KOSDAQ bourses, worth 425.9 trillion won (US$391.3 billion) as of Monday, the lowest since the 31.6 percent tallied on Sept. 9, 2013, according to the data compiled by the bourse operator Korea Exchange (KRX).

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